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Hamdi Ulakaya Backed La Colombe considers selling a stake in the Philly-based coffee company

La Colombe, the premium coffee brand backed by billionaire yogurt mogul Hamdi Ulukaya, has hired Moelis & Co. to explore fundraising options, including the sale of a stake in the company.
The company is seeking a valuation north of $1 billion and is open to selling a minority or majority stake, according to a person familiar with the matter. La Colombe may also decide to take on outside investors in a bid to fuel growth, said the person, who asked not to be identified because the deliberations are private.

Chobani CEO Talks Online Groceries and Yogurt Giveaway

By JOSEPH PISANI AP Retail Writer - In the span of a decade, Chobani went from being in just one supermarket to becoming the country's best-selling yogurt brand. It hasn't all been smooth — the company faces more competition than it used to, and has been embroiled in national debate over its open stance on refugees. As Chobani turns 10, CEO and founder Hamdi Ulukaya talked to The Associated Press about yogurt's place in online grocery delivery, products made from almonds and peas that are moving into the yogurt case and why the company is giving away free yogurts.

Irvin Receives $100,000 Donation from Chobani

CONCORD- W.M. Irvin Elementary students and staff were shocked when Ellen DeGeneres announced that the Chobani Foundation was donating $100,000 to the school for its BackPack program.
Emily Francis, English as a Second Language teacher at W.M. Irvin, traveled to California last week to be on The Ellen DeGeneres Show. Francis was selected as a guest because of her kindness and dedication to her students. A former Cabarrus County Schools Teacher of the Year, Francis moved from Guatemala to the United States when she was 15 and told Ellen she learned English by watching her on television.

The Chobani Way: Insights to Build Culture and Community

Hamdi Ulukaya never thought he would end up running a corporation in the United States. Growing up in a family of dairy farmers in eastern Turkey, the CEO of Chobani dreamed of making a career in public service. A few decades later, Chobani is a billion-dollar company built on a firm footing of social responsibility and inclusive company culture. On the stage at NRF 2018: Retail’s Big Show in New York City, Ulukaya recounted the story of building the business and its unique corporate culture to Terry Lundgren, recently retired executive chairman and chairman of the board of Macy’s Inc.

US-based Turkish Yogurt Tycoon Married in New York

United States based Chobani CEO Hamdi Ulukaya was married with Food Dreams Foundation president Louise Vongerichten, at the Turkish Consulate General in New York with a simple ceremony on Jan. 25. Ulukaya, 45, is of Turkish origin and the founder of the Chobani yogurt firm. His wife, 30, is of French origin and the co-founder of Food Dreams Foundation. The couple will reportedly hold a wedding ceremony in Turkey in summer months.

As Chobani Expands Footprint in Twin Falls, City Reflects on Anti-refugee Backlash

By Patrick Sisson - Curbed.com - For Hamdi Ulukaya, founder and CEO of the Greek yogurt-making giant Chobani, Twin Falls, Idaho, helped his company expand in ways he could barely imagine when he arrived in the United States in 1994 as a Turkish college student who didn’t speak English. The small city of 48,000 in the Magic Valley, an agricultural center in the southern part of the state, home to the company’s 1 million-square-foot factory, will soon be the centerpiece of a new chapter for Chobani, one of the last decade’s most successful new food brands.

Chobani Building $21 Million Research Center, Not in New York

Chobani, the second-largest yogurt maker in the United States, has picked Idaho, not upstate New York, as the site of its new $21 million research center. The Greek yogurt giant founded by former University at Albany student Hamdi Ulukaya is headquartered in New Berlin, New York, about 100 miles west of Albany. Chobani announced late last week that it is building a 70,000-square-foot expansion in Twin Falls, Idaho, where the company has invested $850 million over the past five years.

Chobani’s Big Vision for the Magic Valley

Just six years after building the world’s largest yogurt factory from scratch in the desert in south Twin Falls, Chobani is plotting its next miracle: an additional $100 million in expansion projects. The goal, says founder Hamdi Ulukaya, is to transform southern Idaho into the Silicon Valley of food innovation. Gov. C.L. “Butch” Otter calls the plan epic. Some folks may underestimate southern Idaho. Ulukaya isn’t one of them. In fact, he sees potential here that seems almost limitless.

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